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Marketplace All-in-One

Inflation and the presidential race

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 22 August 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

The economy and the higher cost of living due to inflation are important factors shaping this election. Tonight, when Vice President Kamala Harris delivers her primetime acceptance speech at the Democratic National Convention, many viewers will be listening for what she plans to do to lessen the strain on their pocketbooks. We’ll hear more. Then, we’ll talk with a content creator attending the DNC and hear some positive news on productivity.

Transcript

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0:00.0

Inflation and the Presidential Race.

0:05.0

From Marketplace, I'm Sabrie Beneshore in for David Brunkaccio.

0:08.0

The economy and the higher cost of living due to inflation are important factors shaping this election and tonight when

0:14.4

vice president Kamala Harris delivers her prime time acceptance speech at the

0:17.6

Democratic National Convention many of yours will be listening for what she

0:21.3

plans to do to lessen the strain on their pocketbooks.

0:25.0

Marketplace's Nova Safo has more.

0:27.0

Kamala Harris outlined elements of her economic plan last week ahead of the convention.

0:32.0

As president, I will be laser focused on creating opportunities for the middle class that advance

0:39.3

their economic security, stability, and dignity.

0:43.8

She promised things like expanding the child tax credit, creating more affordable housing, and

0:48.4

a ban on grocery price gouging, an idea that she has not yet clearly defined.

0:52.6

Felicia Wong, president of the Progressive Group Roosevelt Forward,

0:56.2

says don't expect a lot of details tonight.

0:58.6

Harris will likely talk about big themes.

1:01.2

The first is about workers, an economy where jobs are plentiful, where wages are high,

1:06.0

and then the second is competitive markets, where companies can't hold too much power and where

1:12.3

they just use their power to keep prices high.

1:15.0

Democrats also want to permanently win back voters who switched parties and backed Donald Trump.

1:20.0

It's important for Democrats to sort of recapture the essence of the soul of what it means to be a Democrat.

1:27.0

Will Marshall, president of the Progressive Policy Institute, a center-left think tank, spoke at a forum outside the Convention.

1:34.0

And I would judge what that is defending the working middle class's

...

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